While second-quarter traffic posted by some of the largest publicly traded regional airlines in the U.S. followed the prevailing patterns set by their mainline partners, some carriers reacted to the exercise in “resizing” better than others.
Forty-seven passengers aboard an ExpressJet Embraer ERJ 145 bound for Minneapolis from Houston spent six hours on the tarmac in Rochester, Minn., during the early morning of August 10 due to thunderstorms at their planned destination. Some
The NTSB has dispatched a go team to the site where the crash of a Colgan Air Bombardier Q400 killed 50 people roughly six miles northeast of Buffalo Niagara International Airport at about 10:15 p.m. last night.
Former airline executive David Siegel has eschewed big iron in favor of business jets, having been named president and CEO of California-based XOJet, a rapidly growing private aviation company.
Siegel is the former CEO of Gate Gourmet and US Airways and has been a member of XOJet’s board of directors since last year. Earlier in his career, he served in various senior management roles at Continental Airlines and Continental Express.
Houston-based ExpressJet and Delta Air Lines will end their code-share relationship effective September 1, and ExpressJet will cease all scheduled flying under its own brand on September 2, the companies announced last month. The moves will result in the removal from service of 39 Embraer ERJ 145s from the ExpressJet fleet.
Continental Airlines last month said it would end all pilot furloughs this year to stem excessive pilot-training costs at its Continental Express subsidiary. A “flow-through” agreement negotiated in ConEx’s pilot contract in 1998 allows furloughed mainline pilots to bid for positions at the regional airline.
For the first time in recent memory the U.S. regional airline industry could experience a drop in passenger boardings during the second half of this year as skyrocketing fuel costs prompt the nation’s major airlines to reconsider the use of their partners’ most fuel-thirsty assets.
SkyWest last month withdrew its offer to buy Houston’s ExpressJet after concluding that a new seven-year capacity purchase agreement entered by ExpressJet and Continental Airlines rules out any deal. “Although we continue to believe our offer represented a favorable opportunity for ExpressJet stakeholders, the execution of a new ExpressJet capacity purchase agreement removes a fundamental component of our offer,” said SkyWest CFO Brad Rich.
In a move widely expected to portend an industry trend in years to come, Continental Airlines last month confirmed its intention to sell 20 percent of its now wholly owned Continental Express subsidiary on September 1, laying the foundation for an eventual full spin-off of the Houston-based regional airline.
Houston-based ExpressJet became the first airline to operate a scheduled flight with Embraer’s extended-range ERJ-145XR on November 1, when the Continental Airlines affiliate launched nonstop service from Newark (N.J.) International Airport to Oklahoma City and Omaha, Neb., and from Houston George Bush Intercontinental Airport to Richmond, Va.